Category: Growth

Written by seriously good accountants. For business owners who want to understand their numbers, make good decisions & grow.

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New amendments and expansion of the SME Recovery Loan Scheme

The SME Recovery Loan Scheme terms have been amended and expanded due to the ongoing economic impact of the COVID-19 pandemic. The 2022 Scheme expansion will now be available from 1 January 2022 until 30 June 2022. This expansion allows SMEs to access loans of up to $5 million with…

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Filed Under: Financial Awareness, General, Growth

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The Pros & Cons Of A Partnership As A Business Structure

If you’re looking to go into business with someone, the chances are that you might be looking at using a business structure known as a partnership. A partnership is a type of business structure that is made up of two or more people who distribute income or losses between themselves…

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Filed Under: Business Advisory, Growth, Structure

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Why Should You Use A Corporate Trustee Instead of Individuals For A Family Trust?

A family trust is a great structure.  It provides tax flexibility whilst giving you asset separation in two directions.  But what does asset separation in two directions mean? And why might we suggest it to you as a recommendation? Asset Protection First of all, why do you want asset separation?…

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Filed Under: Business Advisory, Growth, Structure

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I want to start a business; What do I do?

Getting off on the right foot Many people manage to get their new business up and running through sheer hard work, determination and a driving passion for what they do.  Sadly, statistics show a significant number of small businesses fail within the first 18 months.  While enthusiasm and hard work…

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Filed Under: Business Advisory, Growth, Leadership, Management and Strategy, Structure

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I Want To Buy A Business; What Do I Do?

As droves of baby boomer business owners begin to retire, more and more and looking to sell their small business. That represents a real opportunity. If you’re considering buying an existing small business, it may be a brilliant decision, providing you go about identifying the right business the right way…

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Filed Under: Business Advisory, Growth, Structure

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How Do I Set My Strategy?

What do we think of when we talk about mapping out a small business strategy? Is it a very, very cunning plan? Is it a document with an impressive “thud” factor as it hits your desk? Compared to larger businesses, small business often lacks the resources to dive head first…

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Filed Under: Business Advisory, Growth, Leadership, Management and Strategy

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Setting SMART Goals Your Business Can Deliver On To Start The New Year

With a few weeks left to go in 2018, it’s time to start thinking about your business in 2019. Every New Year sees business owners revisiting their business goals. Yet, according to Forbes Magazine, research shows most business owners have given up on those goals by the time February rolls…

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Filed Under: Business Advisory, Growth, Management and Strategy

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Should You Lease or Buy Equipment for Your Business?

Can’t decide whether to lease or buy the equipment you need for your small business? Don’t worry, asking yourself these six questions will help you decide… It doesn’t matter what line of work you’re in or even whether you are a new or growing business, equipment is crucial for business…

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Filed Under: Accounting, Growth, Optimising Processes, Tax